Hiring across the U.S. has slowed this summer, with a 0.8% decrease from June to July and a 7.9% drop compared to last year. The pace of hiring is now slightly below what we saw in January 2024. On a brighter note, 8 out of 20 industries saw hiring gains in July, particularly in Administrative and Support Services, Accommodation and Food Services, and Consumer Services. However, sectors like Farming, Education, and Professional Services experienced notable slowdowns. In the metro areas, hiring slowed across most cities, with Dallas-Ft. Worth being a slight exception (+0.1%). Atlanta is the only city showing an increase in hiring year-over-year (+1.1%), while places like San Francisco, Cleveland, and Houston saw the biggest declines. Learn more about the latest U.S. hiring trends we're seeing in our LinkedIn Workforce Report: https://lnkd.in/gy-cktPs
Curious abt whether some of that offsets may be found in increased internal hiring …..great insights thx
Insightful
Insightful
This is useful information thank you!
Insightful!
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